Back Taxes? Fraud? Summer Reading......
It is very common to read about a celebrity or affluent person who owes the IRS a large amount of money in back taxes. Believe it or not, some people have even taunted the IRS on social media pages in regards to stealing and defrauding the government. Here are some hot stories in the news media this summer that are a good read:
First off, it seems Courtney Love has landed herself in the news again. It is not good publicity either! The singer reportedly owes the Internal Revenue Service more than $260,000 in unpaid back taxes. It has been reported that the IRS filed a tax lien on Courtney Love claiming that she needs to settle an outstanding balance of back taxes from 2009 to 2011. This is not the singer’s first time owing back taxes either. In 2009, she had to pay over $320,000 for a back tax bill from 2007. These are some pretty steep tax bills over the years. Luckily, her life has not been dull and she is coming out with her memoir this fall to help finance her back tax tab!
Another hot summer story concerns a Florida lady by the name of Rashia Wilson. Wilson named herself the Queen of IRS Tax Fraud and was recently sentenced to 21 years in prison after stealing millions from the IRS. According to court documents, Rashia Wilson constructed a plan were she used fake ID’s and stolen social security numbers to collect millions in fraudulent tax refunds.
Rashia grew up in poverty, but then after coming up with her plan and implementing it in 2010, she spent the government’s money lavishly. Rashia paid top dollar for high end automobiles, expensive jewelry and designer clothes. She even spent $30,000 on her daughter’s first birthday party. As if this extreme spending from money that was not even hers is not bad enough, she then flaunted the theft on her Facebook page by posting pictures of herself with bundles of stolen money. This was probably not her best move!
After a multi-agency investigation which involved the IRS, the Tampa Police Department, the US Postal Service and the Hillsborough County Sheriff’s Office, Wilson was arrested on numerous counts, including tax fraud. On a side note, Rashia also collected food stamps during this time period. The judge sentenced Rashia to 21 years in prison along with paying a steep restitution fee!
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